South Africa Retired Person Permit

A retired person permit may be issued to a foreign national as a form of temporary residency should they intend to retire within South Africa. The holder of the permit may reside within the Republic on a seasonal or continuous basis.

The applicant will need to:

• Prove the right to a pension, or an irrevocable annuity or retirement account which will provide them
  with a minimum payment of ZAR 20.000 for the rest of their life; or
• Demonstrate a net worth via a combination of assets that will realise an amount of ZAR 20.000 per month.

The permit is valid for a 4 year period, after which it may be renewed.

The Department may authorize the holder of the permit to conduct work, but this is subject to their terms and conditions, and approval.

The holder of a retired person permit may also qualify to submit an application for permanent residence.